Synopsys Inc Stock Price, News & Analysis

Synopsys has launched the PrimeSim Continuum solution, enhancing circuit simulation for hyper-convergent designs. This unified workflow combines advanced SPICE and FastSPICE technologies, achieving 10X faster simulations while ensuring accuracy. The solution integrates key engines like PrimeSim SPICE and PrimeSim Pro, facilitating seamless analysis and improved productivity. Available now, it addresses the complexities of modern SoCs, especially for memory and digital designs, optimizing CPU and GPU resources.

Synopsys has partnered with Renesas to implement the DSO.ai design system aimed at enhancing automotive chip design efficiency. Utilizing advanced reinforcement learning technology, DSO.ai autonomously optimizes chip designs, focusing on performance-power-area (PPA) metrics. This collaboration promises to improve productivity within Renesas' design teams, enabling them to explore larger design options and accelerate product timelines. Synopsys emphasizes its commitment to innovation and leadership in AI design technology, showcasing DSO.ai's effectiveness in achieving better solutions in a significantly reduced timeframe.

Synopsys (Nasdaq: SNPS) launched the DesignWare tRoot Hardware Secure Module and ARC SEM130FS Safety and Security Processor IP solutions, designed to meet ASIL B and ASIL D compliance for automotive systems-on-chips (SoCs). These products feature enhanced security mechanisms to counteract malicious attacks and random hardware faults, critical for advanced driver-assistance systems (ADAS), telematics, and industrial SoCs. Availability is set for Q2 and Q3 2021, aiding designers in achieving ISO 26262 compliance and ensuring data protection in connected vehicles.

Synopsys, Inc. (Nasdaq: SNPS) released the 2021 Open Source Security and Risk Analysis (OSSRA) report, based on audits of over 1,500 codebases. It reveals that open source software is prevalent in various industries, but poses significant risks. Key findings include:

• 100% of marketing tech codebases had vulnerabilities.
• 91% of codebases contained abandoned open source components.
• 85% had outdated dependencies, leading to security risks and technical debt.

Overall, the OSSRA report highlights critical security issues that businesses must address to manage open source risks effectively.

Synopsys, Inc. (Nasdaq: SNPS) has signed a definitive agreement to acquire MorethanIP, enhancing its DesignWare® Ethernet Controller IP portfolio. This acquisition includes high-performance IP supporting 200G, 400G, and 800G Ethernet, addressing the growing demand for low-latency solutions in cloud computing and networking. The deal, expected to close in May 2021, is not material to Synopsys' financials. The addition of experienced R&D engineers from MorethanIP is anticipated to strengthen Synopsys' capabilities in Ethernet IP solutions.

Synopsys (Nasdaq: SNPS) announced a collaboration with Samsung Foundry to deploy its IC Validator physical verification technology on the Samsung SAFE Cloud Design Platform. This partnership enables significant compute resource savings up to 30% and faster physical signoff for designers targeting advanced process nodes. Leveraging high-performance computing from Rescale and Microsoft Azure, the IC Validator enhances productivity, offering advanced distributed processing technologies. The solution addresses challenges in physical verification closure, which can impact product profitability.

On April 5, 2021, Synopsys (Nasdaq: SNPS) announced the launch of its HAPS®-100 prototyping system, which aims to enhance software development and system validation for complex SoCs. Key features include a performance range of 20-50 MHz and up to 500 MHz for interface IP, alongside improved debug productivity and enterprise scalability through HAPS Gateway software. This innovation responds to the increasing demand for faster, more efficient prototyping tools to help electronics companies speed up time-to-market amidst growing complexity in semiconductor design.

Synopsys (Nasdaq: SNPS) announced an accelerated share repurchase (ASR) agreement with Mizuho Markets Americas LLC to repurchase $100 million of its stock. This initiative involves an initial delivery of approximately 315,000 shares, with the final number of shares repurchased depending on the average daily volume-weighted share prices during the repurchase period, scheduled for completion by May 14, 2021. The company aims to enhance shareholder value through this buyback program.

Synopsys has been officially designated as a CVE Numbering Authority (CNA) by the CVE Program, allowing its Software Integrity Group to assign CVE identifiers for newly discovered vulnerabilities. This status enhances Synopsys's ability to publish timely and accurate vulnerability information. The company aims to improve security within the open-source community through its Cybersecurity Research Center. This advancement positions Synopsys alongside notable companies like Google and Microsoft as a key player in application security, fostering transparency in vulnerability disclosure.